Common use of Due Organization; Good Standing Clause in Contracts

Due Organization; Good Standing. Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and is qualified to do business in California and where failure to so qualify would have a material adverse effect on its ability to perform its obligations under this Agreement.

Appears in 3 contracts

Samples: Supply Agreement (Vivint Solar, Inc.), Supply Agreement (Vivint Solar, Inc.), Supply Agreement (Enphase Energy, Inc.)

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Due Organization; Good Standing. Buyer is a corporation duly ------------------------------- organized, validly existing and in good standing under the laws of the State of Delaware Delaware. Buyer has full corporate power and is qualified authority to do business in California enter into and where failure to so qualify would have a material adverse effect on its ability to perform its obligations under this AgreementAgreement and any other agreement, document or instrument to be delivered by Buyer pursuant to this Agreement and to consummate the transactions contemplated hereby and thereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Bibb Co /De)

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